Remove 2019 Remove Financial Technology Remove Fintech Remove Regional
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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

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SoftBank will add $1 billion this year to its $5 billion Latin America Fund introduced in 2019, adding to last year’s $1.6 Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. billion, Bloomberg reported on Friday (Feb.

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VC Fintech Investing Declines In First Quarter

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Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China feeling the most pain. In the first quarter of 2018 venture funding going toward FinTechs stood at $6.2 It has a valuation of $2.7

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 FinTech Collaborations and Frameworks Gain Steam in Asia

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In China, the central bank has said that it will offer up a three-year development plan for the domestic FinTech sector. The reports state that the FinTech firms in that country “should take the approach of [Chinese president] Xi Jinping’s socialism with Chinese characteristics in the new era as the guide.”

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Paytronix Picks Payments Industry Veteran Porter For Board

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Founded in 2005, the FinTech AffiniPay now processes over $6 billion annually on behalf of 150,000 professionals, according to a news release announcing the appointment. Porter nabbed the 2016 EY Entrepreneur of the Year Award in the Financial Technology category for the Central Texas region. For its part, Newton, Mass.-based

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Samsung’s Neon, 2020 Trendlines, Faster Payments Top This Week’s News

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JPMorgan Ups Security By Blocking FinTechs From Passwords. The downside of data sharing has come full circle as JPMorgan Chase aims for enhanced protection by stopping FinTech apps from accessing the passwords of clients. 52 Monday Conversations About Payments In 2019. Who Won 2019’s Race For The Consumer’s Whole Paycheck.

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Singapore’s Big Week In Blockchain Progress

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The Asia-Pacific region is a rising star in FinTech innovation, but this week, the blockchain spotlight landed on Singapore as more distributed ledger initiatives from the private and public sectors took major steps forward. The nation’s excitement over distributed ledger technology (DLT) cannot be ignored.

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Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)

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Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . Were the deal to go through, Nubank would be the second-highest valued FinTech in the world, trailing Stripe , which is currently valued north of $20 billion.